Situated on almost A HALF ACRE, spacious and expertly appointed, this home delivers grand living with soaring ceilings, abundant windows and a captivating WATER VIEW that is maximized throughout this gorgeous, timeless Christner Brothers masterpiece. SAVE BIG ON WATER BILLS AS THIS HOME HAS A WELL! Worry-free living can be yours as all the big-ticket items have been done—NEW ROOF (2022), new water heater (2022), new refrigerator (2023), new pool filter (install 2/25), new pool pump (2020), new dishwasher (2019) and new microwave (2022). Upon entering the front door, you will be struck by the INCREDIBLE LAKE VIEW and large, open and expansive interior. The formal living room and dining room provide an area to receive guests away from the private family areas of the home. The elegant kitchen has been updated and features a generous hidden pantry that flows seamlessly with the perfectly appointed kitchen. The family room features a gas fireplace and tongue and groove ceiling. The right side houses the oversized primary bedroom suite with a huge walk-in closet and a mesmerizing view of the pool and expansive lake. A large ensuite bathroom with soaking tub, opposing vanities, travertine shower & private toilet room completes this owner's retreat. Flexibility is the name of the game here as the split plan provides two areas for guests. The left side houses two generous bedrooms and a bathroom that can be closed off to the main house by a pocket door. The bath features a TOTO toilet, upgraded vanity and travertine shower and floor. The 4th bedroom/MIL suite/den/study is located at the back of the house just off the family room and has an upgraded ensuite bathroom with TOTO toilet, upgraded shower and provides a private entrance to/from the pool. The pool and lanai are large with two covered areas, both accented with a tongue and groove ceiling, The bronze pool cage was recently repainted and surrounds a salt water pool with a newer (w/i 5 yrs) gas heater. Special features include plantation shutters, extra closet for pool equipment on lanai, HURRICANE RETRACTABLE CURTAIN, tongue and groove ceiling at entry. RW is an established community with winding, tree-lined streets with tall oaks and mature landscaping. Walkers, bikers and neighbors walking their dogs set the scene for an active and social community. The Club offers golf, tennis, social activities, pickleball, pool and more. Boat and RV storage in community. For the nature lovers, there are hiking trails and abundant wildlife. There are two 24-hour manned gates. CLUB MBRSHIP IS OPTIONAL. There is a COMMUNITY BOAT RAMP that is open to the entire community and provides direct access to the Manatee River. RW is PERFECTLY LOCATED! Strategically positioned between St. Pete and Sarasota, access to 2 airports (45 min. ) several hospitals are available to the north and south. The newly constructed Ft Hammer Park located on the beautiful Manatee River is just minutes south of the front gate and features a boat ramp, fishing pier plus picnic pavilion. Lakewood Ranch and Sarasota are nearby where fine dining and shopping are within easy reach. The very popular Ellenton Outlet Mall offers designer brands at discount prices and is only 10 minutes away. A new shopping complex is nearing completion offering Lowes, HomeGoods and an upscale nail spa as well as several other stores restaurants. No trucks in driveway overnight in RW. SF to be verified by Buyer/Agents.
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $695,200 | $695,200 | $695,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | $402 | $402 | $402 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,625 | $4,509 | $6,152 |
Total Monthly Payment | $5,119 | $5,003 | $6,646 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.